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cutting medicare and medicaid benefits. president obama is seeking $1.6 trillion in additional revenue over ten years and $340 billion in health care savings. the time says the deal would not affect benefits. that's the keyword, benefits. the president and some democrats in the congress are willing to squeeze savings from medicare by trimming payments to drug companies, hospitals and other health care providers. they are ruling out structural changes that would increase costs for a typical beneficiary. this is what it's all about. the money. who is going to get it? senator dick durbin. a little more specific today. he said progressives, that would be you and me, should be willing to talk about ways to ensure the long-term viability of medicare and medicaid but those conversations should not be part of a plan to avert the fiscal cliff. democrats are prepared to discuss reforms to medicare and medicaid, but not right now. fox news tried to get budget committee chair member congressman chris van hollen to agree to the changes. van hollen stood firm. >> if you prolong the program, people a
reform from medicare. martha, i have to tell you. i got new numbers from medicare, from trustees, actually. medicare has to pay out in the future $42 trillion. that is money which it does not now have. so you can see that this is very serious issue. cuts in spending, cuts to medicare. who will make them? it is very serious because what that kind of money outstanding you need some kind of an agreement and fast. the bottom line right now, martha, it is again an impasse. martha: that's a huge number, stuart. it was about 38 trillion just less than a year ago i believe. >> yes. martha: so that number has really ballooned to 42 trillion as stuart shares with us in terms of those numbers. let's go back to the republican side for just a moment because i think there is a discrepancy in terms of the understanding what republicans seem to be agreeing to do. there is difference between raising tax rates which they have said they will not do. so i don't see any ground being ceded on the raising of tax rates for the wealthy but the changing of loopholes that would indeed, would that produce r
for us to talk abo about. we cannot stand by the sidelines in denial untouched, unamended, medicare is going to run out of money in 12 years. that is scary. >> but it's what durbin didn't say that was striking. in his prepared remarks durbin was going to say the following. quote, progressives should be willing to talk about ways to ensure the long-term viability of social security, medicare and medicaid, but those conversations should not be part of a plan to avert the fiscal cliff. durbin never said those remarks. he left that out. he later said he stood by those comments, and he did argue that medicare shouldn't be part of any up front down payment on the debt but part of the next year's long longer term negotiation. now while the short term talk to republicans may be tough, the longer term message to liberals is clear. entitlements in some form or fashion will need to be on the table. that means medicare. and a new "washington post"/abc poll shows just how politically tough making any changes to medicare will be. across party lines respondents said they are opposed to increasing
fall under simpson-bowles just in the year 2015, starting with drug rebates under medicare part d. that money would come from the drug companies themselves, likely $6 billion just in the year of 2015. a change in inflation measure, that means that beneficiaries of medicare and medicaid might get less money going forward. that's $3 billion. cuts in farm subsidies, that's big. those guys would lose $3 billion that year. eliminating the in-school interest subsidy for student loans. that's a popular one for those folks who have taken out student loans but who are still in school. that would be a big hit, again, to those people taking student loans. clearly, there are going to be some unpopular political choices here. there's a lot of stuff that's very unpopular politically already in the simpson-bowles plan, which is what a lot of people here in washington are talking about as a starting point. don't forget, there's another very difficult conversation still to come, guys. >> no doubt, eamon. thanks so much. meantime t our next guest is one of the fix the debt ceos and wants more focus
taxes. is it equally difficult to get democrats to agree to touch medicare? >> not when you have the president say he's going to do it. he said it during the grand bargain that didn't become too grand or a bargain, but he talked about entitlement reform and he's still talking about entitlement reform. he will do something in that area, as long as he can hammer those guys over $250,000. and make them pay more taxes. how $250,000 got to the point where that's the, quote, middle class is beyond my comprehens n comprehension. 100 would have been more appropriate for more real live people. he's going to get that. hopefully he can do it without doing rate increases, which are going to cost. anybody who is, quote, rich shouldn't mind paying more taxes. i don't understand that at all. and i don't understand that somebody, if you let them earn more money is going to use it to hire people. they may likely buy another kind of rig or a toy or something like that. i don't know. but all i know is one thing, you can't cut -- you can't cut spending away out of this hole, you can't tax your way
. and two entitlement reform that means getting rid of social security and medicare and making at it voucher program, which mitt romney and paul ryan supported and the american people rejected. so don't fall for this republican line of baloney that they have suddenly seen -- gotten religion when it comes to new revenue. the only solution is an balanced report which includes spending cuts and new revenue and not just closing loopholes. it's not just closing loopholes. it has got to include raising taxes on the wealthiest 1%. let's talk about it 866-55-press. 866-557-7377. i hope i'm not alone among the media who will say these republicans are just trying to con the americans one more time and stick to the old mitt romney plan which the american people rejected on november 6th. don't fall for it. 866-55-press. let's talk about it. >> announcer: this is the "bill press show." ♪ [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay
, let's be honest. they mean getting rid of medicare, getting rid of medicaid. >> structural reforms. >> bill: and privatizing social security. >> it was good to hear yesterday jay carney the white house press secretary, i don't know if you were there. taking social security off the table. it's not a problem. it hasn't contributed to the deficit. that's off the table. they're open to medicare. they've been open to changing provider payments which there is a lot of waste there. encouraging pharmacy companies to give medicare and medicaid better rates. those are all positive reforms. those are big savings. so we can take and find savings from the provider side. it is when you go after the beneficiaries that you run into problems but look, you know, romney ran an entire campaign hitting democrats for cutting $716 billion out of medicare. now they turn -- republicans backed that view we shouldn't touch medicare at all. now they turn around and say you have to cut medicare. it is as if the 716 debate we had for mo
democrats are facing pressure from interest groups who oppose changes to medicare and social security like this one from the aarp. >> some politicians think medicare and social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future of these programs into a last-minute budget teal, we'll all pay the price. >> and there's your potential pressure from the left. gop negotiators have put adjusting the measure of inflation which determines social security benefits back on the table, something the president had agreed to in 2011. majority leader harry reid has ruled that out this time and the number two democrat durbin repeated reid's position on sunday. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things, and i believe we should, now, smaller things, played out over the longer term that gives it solvency. medicare is another story. >> there's still staff level discussions going on. and, by the way, as much as washington gets cau
average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >>> conservatives definitely got one thing right about the 9/11 benghazi attacks. the lies and half truths that some politicians and pundits were peddling about what really happened would eventually blow up in their faces. the one thing they got wrong, it would be on their faces and on their network and via a pulitzer prize winning journalist who knows a thing or two about the middle east. >> emphasis on benghazi has been extremely political probably because fox was operating as a wing of the republican party. >> tom ricks, thanks very much for joining us today. >> you're welcome. >> joining us now is lynn sweet, d.c. bureau chief for "the chicago sun-times" and john than capehart, an msnbc
of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. >>neil: and guess what is topic one at the u.n. climate control? hurricane sandy, a storm they are still cleaning up and environmentalists hope they will be clean will up there, where some countries using the storm that dislocated thousands to now redistribute wealth to the tune of billions. all in the name of climate change. our reporter says that will cost a lot more that chump change. what is going on here? >>guest: well, this is like pavlov dogs, the activists think we need more taxes and regulations to stop bad weather. this is a primitive form of science. to use hurricane sandy as a poster child for global warming as the united nations and al gore is now doing, that makes as little sense as you can possibly imagine. we are at 30 or 40
congressman who's unwilling to make any cuts to social security and medicare. if more sign on to his way of thinking, are we sure to go over the fiscal cliff? >>> defense companies are hoarding cash ahead of the fiscal cliff as well. could they be the next companies to reward shareholders with big, special dividends, or are they worried they'll need the cash because a bad storm is approaching courtesy of the fiscal cliff? back in a moment. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 depos
healtlth professions who helped us achieve the highest average star rating among national medicare ompanies... and become the first and only tional medicare advantage company to achieve a 5-star rating for a medicare plan... your forts result in the quality of care and service we're able to provide... which means better health outcomes... and more quaty time to share with the ones who matterost. i love you, grandma! [ le announcer ] h humana. ♪ >> no question about it, it's a trend. we've got another company paying shareholders a big dividend, ap taxes could go up in the you new year and today it's costco, paying a one time special dividend the $7 a share, and paying on september 18th and if the fiscal cliff hits, taxes on dividends go way up after january the 1st, and the total payout for costco is 3 billion dollars and doing it this year would save shareholders as much as 700 million in total in taxes, good deal. and a big drop today for the fresh markets, that's the fresh markets, that's the stock, a grocery store chain apparently, didn't know of it. didn't earn much money, it spent m
about this compromise and where we are. mr. speaker, saving social security and medicare is a priority that i believe both political parties share, contrary to much of what has been put out there. it is something to address in this measure. we are going to be able to save social security and medicare. creating jobs -- democrats and republicans talk about that. how is it that we will be able to do that? getting our fiscal house in order is a very important step in our quest to ensure that the people who are hurting and looking for jobs will have an opportunity to get them. sending a positive signal to the global markets that we are the world's economic, military, and deal political leader by increasing the debt ceiling, we are sending a positive signal that we will continue meeting our obligations and responsibility. at the same time, dramatically reducing spending, the problem that has gotten us to this point, is what we're doing for the first time ever. after 75 times increase in the debt ceiling, we are finally getting to the root cause. the problem is our debt. we are going to turn
in the summer and say, don't bring in your healthcare reform stuff, don't bring in your medicare, don't bring in social security, focus exclusively on the question of whether or not you will raise taxes in order to offset these automatic cuts. the white house is trying to portray this as a one-for-one deal that they are going to renegotiate what they already negotiated in august. they say if republicans want less spending cuts on the defense side they better be willing to give up on the tax side and have tax increases. i think they are perfectly willing as it stands now to take it off the cliff and let the taxes go into effect, because if the republicans won't give them what they want on a tax rate increase for top earners they think they will get them later once people are outraged that their taxes went up. megyn: but, to not offer any spending cuts, what would be the republican incentive to agree to raising taxes on the wealthy if they don't get anything in return? >> well, the incentive would be from the president's point of view, is that everybody's taxes will go up anyway and once you ge
, republicans want changes to medicare and medicaid, cuts they say will keep both of them solvent for future generations. in exchange, one possible deal would eliminate deductions for the wealthy, maybe even the very popular mortgage deduction. and while republicans have been more open to revenue, that does not mean tax rate increases. many democrats insist that tax rates for the wealthiest americans absolutely have to go up. but they don't necessarily agree on how much they should rise. let me bring in usa today's washington bureau chief, susan page, and ryan grim. good morning to both of you. >> hey, good morning. >> good morning. >> we've laid out some of the basics there and warren buffett was out this morning talking about taxing the wealthy. he says there should be a minimum tax on millionaires. take a listen. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes, and then they've watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> you kno
the president said in 2010. >> the major driver of the long-term liabilities is medicare, medicaid and healthcare spending. nothing comes close. social security we could probably fix the same way tip o'neil and ronald reagan sat down together and we could figure something out. that is manageable. medicare and medicaid, massive problems down the road. that's where, that is what our children have to worry about. >> dana: here we are, two years later and still no plan. on the left in congress refusing to deal with that simple reality. vermont senator bernie sanders caucuses with the democrats. take a listen. >> i get nervous when i hear the president and others continue to talk about quote/unquote, entitlement reform. which is just another cut for medicaid and medicare and social security. >> eric: brian, start with you, today. >> dana: you look surprised. >> brian: i am. yet honored. >> dana: do you think they are closer to a deal? after thanksgiving people get back to work. >> brian: i was encouraged when i pick up the papered president is working with people. but then i pick up the
but what they see the democratic side trying to pull entitlement reforms like medicare off the table. john boehner basically saying he thinks the spending situation is sort of a freight train that is coming at the nation right now. republicans senator mitch mism the leader in the senate -- mitch mcconnell blasted the president of saying he is doing is too much campaigning and not governing. take a listen. >> it is over. he won. congratulations. we have a hard deadline here however. and it is still, he is still out on the campaign trail, kind of celebrating. this is the problem. if the president really wants to reach an dwreechlt he needs to be talking with members of his own party right here in washington trying to broker an agreement, not out there firing up crowds and giving speeches. >> reporter: now the bottom line when you listen to comments like that it is pretty clear both sides are digging in pretty tough. not a lot of progress in these talks. and what is interesting republican senator tom coburn said on fox earlier this morning look, either both sides will come together and solve
find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan that combines medicare parts a & b with prescription drug coverage? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. plus with the pharmacy saver program, you can get prescriptions for as low as $2 at thousands of pharmacies in retail locations like these, all across the country. call now to learn more. unitedhealthcare has the information you need so you'll be better pr
entitlement reform for one simple reason. medicare untouched, unchanged, runs out of money in 12 years. we need to take a hard look at it to find ways to preserve this important program, have savings that don't hurt the beneficiaries, and actually do reduce the deficit in the process. >> what about those republican critics, senator, who say it's not possible to make any real progress without -- on spending, shall we say, without seriously addressing the medicare, the medicaid, maybe even the social security entitlement program and to do it now? >> social security doesn't add one penny to the deficit. it's a separate trust fund. i believe it needs reform over a long period, but it should be done separately from this showdown over the fiscal cliff. medicare as i mentioned will run out of money if we don't do something. it runs out in 12 years. medicaid, the health insurance program for the poor across america, is critically important. one out of three people in this country are going to rely on medicare and medicaid for their health insurance. so we need to find ways to preserve these progra
dick durbin says medicare and medicaid are fair game in deficit negotiations, but insist social security should be left alone. >> social security does not add one penny to our debt, not a penny. it's a separate funded operation, and we can do things, and i believe we should now, smaller things, played out over the long term that gives it solvency. medicare is another story. only 12 years of solvency lie ahead if we do nothing. so those who say don't touch it, don't change it are ignoring the obvious. >> despite showing willingness for reform -- >> can we talk about that for a second? >> i don't want to repeat what you said. >> it's bull hockey. >> that's not what you said. >> this whole thing has been a complete farce for years. there's no trust fund. they raided that a long time ago. but the bigger point, i will because you know what? my heart has grown like the grinch's since thanksgiving. i have so much to be thankful for. >> it's been growing ever since election day, basically. >> so i'm going to be kind. first of all, senator durbin deserves respect on this front because he
is not raising taxes or medicare or social security n. 30 years, medicare and medicaid alone will consume all the revenue coming in taxes. these are unsustainable entitlement programs. they have to be reformed to save the program and to keep the country from going into a greek-reich status. there are $8.6 trillion of unfunded like the in social security. to make it solvent the next 75 years, you valid to put $8 trillion in the bank today. for medicare, it's three times that, so if you don't reform entitlements, you will never avoid the coming grief. post-election, democrats have the wind behind their back, the president does on this. is there any appetite for this or is it going to be a bloodbath? >> a lot of democrats understand that medicare -- social security runs out of money in 2033. medicare runs out of money in 2024. so these programs literally go bankrupt. if you want to save them, you have to restructure them. younger people need to work longer. me and you, we make enough money to pay more into the system without losing our quality of life. age adjustment and means testing will help
identity. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ >>> breaking news tonight on the li
absorption in one daily dose. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. and social security strong for generations to come. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> breaking news tonight on the libya mess. a new allegation that the obama administration still cannot get its story straight after so much time, even as recently as this morning. ironically, this latest charge flows directly out of an attempt at damage control. u.n. ambassador susan rice's tri
average star rating among national medicare companies... and become the first and only naonal medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result n the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter mos i love you, grandma! [ male announcer ] humana. ♪ >> i'm liz macdonald with your fox business brief. it is a mixed afternoon on wall street. the dow is down 25 points to 12,942. consumer confidence climbing to nearly five-year high as americans become more optimistic about the outlook for the u.s. cone my. the conference board november reading coming in better than expected at 73.7. that is highest reading since february 2008. >>> small business saturday is starting to draw more shoppers nationwide that want to spend holiday dollars at local stores. according to the nfib and american express, five 1/2 billion bucks of the total thanksgiving weekend sales were small business saturday related. president obama is meeting with small business owne
, with the promise of cuts to programs like medicare later. on tuesday, senator dick durbin flatly declared entitlement reform should not be on the table. yesterday, top white house officials also met with leading liberal groups, from labor unions to moveon.org. with one attendee telling the "washington post" they expect the taxes to go up on the wealthy and to protect medicare and medicaid benefits. they feel confident they don't have to compromise. pressed today on whether the spending cuts are kicked down the road, white house spokesman jay carney was noncommittal. >> you are not having any spending cuts now. you want to do spending cuts next year; is that a fact? >> no. it's not a fact. these are all parts of aspects of the conversations that are ongoing. >> some republicans are pushing boehner an other leaders to accept an extension of the middle class cuts to avoid the white house blaming them for crash over taxes on the rich. >> everybody is waiting for schedule to go up. unless we fix that paradoxically. president obama becomes defender of the bush tax cuts for 98% of the people. he
and not touch medicare or medicaid? it is all part of the deal. >> gretchen: once you get people back to the table. it is it like a marriage, marriages don't work when one party said i will not budge on anything. >> brian: i hope my wife is listening. >> steve: we are in the let's make a deal stage. both sides want to appear flexibility when it comes to doing something. we aapparently the president of the united states. the week after thanksgiving nothing is scheduled. but we understand that the top aides are working together to do something. who is leading the charge for the white house? tim geithner. it is interesting, in the beginning, during the confirmation it was revealed he did not file taxes properly and people say is he qualified to be the treasury of the secretary. according to the wall street journal. they work with him and like him. and jack lu who did it last time blew it. >> gretchen: why not have bowles-simpson come back. why do we spend more time. rephrase that. why are we wasting more time trying to come together on a deal when the bowles-simpson. >> brian: they didn'
for medicare, you might know it only covers about 80% of yr part b medical expenses. the rest is up to you. call now and find out about an aarp medica supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are networks, and you never need a referral to see a specialist. so don't wait. call now to request a free decision guide to help you understand medicare. and which aarp medicare supplement plan might work best for you. there's a range to choose from, depending on your needs and your budget. and they all travel with you -- anywhere in thcountry. best of all, you'll be joining the millions who have already enrolled in the only mecare supplement insurance ans endorsed by aarp, an organization serving the needof people 50 and over for genetions. ♪ remember, all medicare supplement insurance plans help cover some of what medicare doesn't pay. an
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for something nice and easy? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. call now to learn more. unitedhealthcare has the information you need so you'll be better prepared when making medicare decisions. maybe you'd just like help paying for your prescriptions. consider a part d prescription drug plan. it may help reduce the cost of your prescription drugs. remember, open enrollment ends friday, december 7th. call unitedhealthcare to learn about medicare plans that may be right for you. >> chris: for all of you who survived black friday, here's something new to worry about. christmas is one month from today. a week after that, if nothing gets done here in washington, we all go over the fiscal cliff. what does that mean for shoppers and investors in the final days of 2012? we turn to matthew shay, president and c.e.o. of the national retail federatn and from n
to social security and medicare. any common ground? >> shep, in public, it does not sound like it. top republican leaders say if you want to avoid the fiscal cliff, you need to address the drivers of our debt. >> we know that the only way we can solve our long-term debt and deficit problem is to fix the unsustainable growth rates of our very popular entitlement programs. the president has from time to time indicated an openness to that. now is the time to actually do it. >> 42 business groups sent a letter to leaders of congress asking them to do tax reform to lower tax rates and also address entitlement reforms. >> shepard: democrats say they want more revenue, more taxes here. what about entitlement changes? >> well, any time you start talking about tweaking these programs, there are groups in washington around the country that mobilize to try and stop cuts. the number two senate democrat, dick durbin, says he'd be open to look at entitlements, but not part of the fiscal cliff talks. here is the senate majority leader's view. >> at the meeting we had that i mentioned with president a
he calls painful topics, including medicare and medicaid. he was at the center for american progress for about 45 minutes. >> good morning, everyone. thank you for being here. i am the president of the center for american progress. we are thrilled to have senator durbin here today to talk about his views on the fiscal cliff. as we engage in this debate, i wanted to lay out a few principles that are critical as washington becomes obsessed with this set of issues. the elections have consequences. at c.a.p., we have argued that the issues that are really framing the fiscal debate and fiscal cliff were ones that were litigated in the election context. the president did not have one set of conversations before november and a second set now. there was a thread going through the debate that the country was having and that thread was around having a balanced plan to address america's fiscal challenges. there are serious fiscal challenges that we do need long term -- deficit reduction -- that is important to america's credibility. it is important for america's economy and economic growth. tha
helped us achieve the highest average starating among national medicare companies... and become the first and only naonal medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes.. and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] hana. ♪ >> if you ran a company and the stock was down 50% would you worry about your job? the ceo of groupon says i am not surprised people questioning that. nicole petallides looking at groupon and stock is on the move and sandra mason speaking at the insider conference. sandra: this is so interesting. as you noted this stock has been moving lower over the last few minutes. it has been lower all year long. it is down 80% this year. how do you think the groupon shareholders feel about this? not too happy. the ceo himself saying i would be the first person to fire myself. he was speaking at a conference today, a technology conference and andrew mason said i would be the first
in control of our energy future, now. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. >> i think we would have to be ostriches with our heads in the sand if we're not worried. we need to look at ourselves thoroughly inside out and anyone who is whistling past the graveyard saying we need to keep doing what we're doing we're right, by god, you're wrong. >> when you see that congress' approval rating is at 12% or 10% or the lowest it's ever been, is that hurtful to you all, do you say, wait a second, i'm up here trying to get stuff done. how do you take that? >> it's not a personal hurt because i feel like i know i'm doing a good job and i know my constituents know it. it is a disappointment that people would say that in a poll because they're ma
medicare and medicaid changes in those programs should not be part of the first step, the democrats have to look at that down the road in order to be constructive on deficit reduction. this is a senator, liberal democrat, part of the gang of six, somebody with a lot of credibility on deficit issues. i think that opens the door a little bit. you're seeing it on the democratic side. you're seeing it a little bit on the republican side. >> both sides are going to have to open the door more than just a little bit. they're going to have to make a deal. >> because the one mandate from the public was fix things. >> fix it. and do it quick. gloria, thank you. cnn's getting exclusive new information and photographs of paula broadwell, her affair with jen david petraeus forced him to leave the cia. now her friends are coming to her defense. >>> and a 7-year-old cancer patient tries a controversial treatment. medical marijuana. our dr. sanjay gupta will report. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over a
medicare. i don't know. let's see if they resurface paul ryan's voucher proposal. let's see if they resurface the bill that paul ryan proposed right after bush was re-elected. bush 43 was re-elected. when he went on a tour around privatizing social security and paul ryan was the first one to author that legislation. so let's see what they mean and i know democrats will never stand for breaking the guarantee. >> bill: that, in fact is what they mean by entitlement reform. senator dick durbin was over at the senator for american progress yesterday and he made it very, very clear that when the word entitlement reform is used or the phrase, there's one thing it should not include. here's senator durbin. >> i think we should take social security off the table for the current fiscal cliff and deficit discussion but be very honest about what we're going to achieve in the near term. i think we should create the equivalent of a simpson bowles commission for social security and give them eight months to a year, a directive
and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth. democrats say the middle class could be spared from a tax increase now. >> however as we continue to negotiate a responsible path forward i remind everyone within the sound of my voice of one fact. this congress is where one vote away from avoiding the fiscal cliff for middle class families and small businesses. >> republicans point to a study done by the winston group which is a republic research firm which says 65% of americans back tax reform and spending cuts over raising taxes, shep. >> shepard: we are hearing now that house republicans are planning to meet with ceos up on the hill a day after tomorrow. >> top ceos and top fiscal experts two weeks after president obama essentially did the same thing. the ceos of etna inc., honey well international and irskin bowles are amongst those scheduled to attend. half th
should not be on the table. some democrats say medicare should not be on the table. republicans aren't going to give away taxes, whether it's rates or withholdings unless they get meaningful entitlement reforms. >> i think for the piece of the tax fight that matters here it's a matter of principle. >> greta: it's called grudge. >> no. it's called winning. he campaigned on this around the country. to back away from that -- >> greta: even if he gets it, it's doesn't the problem. that's the irony. >> you need a lot of pieces. this is the one critical piece from the democrats' perspective. >> he did not campaign on solving the long-term problem. if people wanted to do that, they could have elected paul ryan they did. >> he did campaign on it, the tax base and -- >> greta: it's sort part of the job, leadership for all of them, economic stewardship of the country. i mean, it's a little bit part of the job. >> the whole job. that's what we're they're here to do. >> greta: i'm being sarcastic. >> that's what bill woodward said, that clinton got it done. he can't lose this negotiation after w
is basically the entitlement programs, medicare, medicaid, social security, defense spending as well as interest payments. and discretionary part of our budget, which is everything else, cops, justice department, nuclear facilities, education, etc., is a small part of the budget. now, the question is not so much about now, but in the future and the future, medicare spending and medicaid spending in particular and to a degree social security, but much less, will come to consume almost the entire budget. because of the baby boomer retirement wave as well as because of increasing health care costs. and that's why lawmakers and policymakers are working so hard to try to get the fiscal house in order. host: we're talking about the so-called fiscal cliff talks that are happening here in washington. if you want to follow along we're starting a new web page at c-span.org/fiscalcliff. we will have all the related events that we are covering here at c-span as well as a resource page and a twitter feed that follows those reporters who are following the talks and we're learning today and this we
national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >>> on cyber monday, sales were up 28% from the same day a year earlier. and all those online purchases have to be delivered by someone. u.p.s. has designed a new way to train it employees. kristen dahlgren gives us a rare inside look. >> reporter: as christmas approaches, u.p.s. will deliver 300 packages a second. a blitz of boxes that begins with boot camp. basic training the way a new generation learns. hands on. trainees are observed at every step learning methods for everything from driving to stacking packages. but one of the most important things they learn is that every second counts. >> seconds add up very rapidly into hours. excellent. 17 and a quarter seconds. >> reporter: it's as real as they can make it. >
. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >>> our second story "outfront," explosive accusations in florida. in a scathing article, the state's former republican chairman greer claims they passed a law that was designed to squelch turnout and give the election to mitt romney. it made it harder for voters who moved to actually cast ballots. the republican party of florida has responded and tell "outfront," i want to quote them here, jim greer's quotes are false and details keep changing. great to have both of you. roland, let me start with you. these accusations come from jim greer, former boss of the party. he is accused of stealing money from the party. accusations come from charlie crist w
that medicare will no longer reimburse them for hospital infections, meaning the incentive is now there for hospitals to clean up their act. >> you know from the past i have not been the biggest fan of all the healthcare provisions, but like everything, there's the good with the bad. one of the great provisions i think they put in this bill, and we are selfishly uniquely poised to capitalize on this, hospitals will no longer be reimbursed and need to report on the healthcare related infections. it is getting much greater scrutiny which will be better in reducing costs and improving care. liz: you are in hca hospitals? >> yes, we are. liz: why isn't everyone getting signed up with this product? >> it is just getting cleared -- just cleared in california. just bringing to market right now. just got into a big ambulance system in tennessee this morning. liz: i have to ask you a question, doctor ties as in the ties they wear as they bend over a patient, the 20th patient of the day and that tie has some type of infection on it in many cases, isn't that a root of the cause of these infe
it and you're in. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. >> after agreeing to a cease-fire, israeli prime minister benjamin netanyahu explains. >> agreed with president obama that together with the united states we will fight against these weapons of terror much of which comes from iran. >> alisyn: our next guest says that jihadist rulers can't it be allowed to get nukes because israel is a one bomb count country. hi, clifford, what do you mean by a one bomb country? >> people don't realize how small israel is, it's smaller than djabouti and the muslim countries around it are 600 times its size with about 60 times the population. what's been said by iranian rulers, it would take actually one bomb, one bomb to wipe out the entire country and if they
helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >>> hilton worldwide's luxury brands unit is looking to be the fastest growing in the world. joining us now is the global head of luxury and lifestyle brands for hilton worldwide. i immediately think, john, that no matter where you are at a point in time when you think back four years ago compared to where we are now, you've just got to feel pretty good. >> it's amazing. we saw this after the gulf war, we saw it after 9/11, we saw it after that economic downturn. our business always comes back. people are looking for those luxury experiences. >> but at the time, people were saying maybe you don't want to invest long-term luxury. you had sort of politicia
, medicare would pass with 55 votes, 55. the filibuster did not even figure into lbj's planning. that all changed in recent decades. now everything gets filibustered, big things like health care reform are filibustered and small things like who gets to be nominated ambassador or sit on the national labor relations board. the problem with the filibuster in one sentence is it made the senate into something it was never intended to be, a place that requires a super majority to get anything, anything at all no matter how small or necessary done. defenders of the filibuster tend to say it is about minority rights or the constitution's preference for making hard to get anything done, and it is important to know that that is not true. yes, the founding fathers wanted to make governing hard. it is why they divided power among three branchs and it is why senators used to be directly appointed by state legislatures and why the house, the senate, and the president have staggered elections. usually you need a big win in two or monday consecutive elections in order for a party to secure control of con
drives the deficit obviously is the spending on entitlements. medicare, medicaid and social security. we can't fix this by attacking discretionary spending. it's easy. it's convenient, no one argues. but with political leadership we need specificity. we ought to get a downpayment that gets us into next year and then have a thoughtful discussion about how to make the tax code competitive. lower the tex rate and broaden the base and do things that help us grow. we're talking about 70% of the economy is consumption. if they start to save and people aren't spending when we need them to spend, so going over the fiscal cliff without a barrel, it would be a disaster and people that talk about we could do it and it wouldn't be a bad idea, it would be a terrible idea and we would be back in recession, consumers wouldn't spend. big mistake. >> chris: we have less than a minute left. if we get a deal and it's a solid deal, how much of a boost would it be to the markets? how much pentup demand? how much would you capital that's been sitting on the sidelines? i'm asking what's the upside here? >> i t
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